GMO Financial Holdings, Inc. (JASDAQ:7177) announces a share repurchase program. Under the program, the company will repurchase up to 2,500,000 shares, representing 2.08% of its share capital, for ¥1,750 million. The company will repurchase its shares in order to improve capital efficiency and enforce shareholder returns. The share repurchase program will run until April 26, 2019. As of December 31, 2018, the company had 119,928,635 shares outstanding (excluding treasury shares) and 0 shares in treasury.